ForTrade Experiences

User satisfaction and opinions are, to say the least, divided when it comes to ForTrade. Apart from the fact that they are affordable and friendly and have solid trading tools, we still somehow maintain the opinion that there are much better and better quality brokers on the market such as Plus500 and Etoro.

If you are interested in trading with this broker, you are certainly interested Fortrade experiences of other investors before you. Fortrade is an international broker that offers online trading CFDs across multiple asset classes and two platforms. In this review, we will analyze just that! Through a demo account, minimum deposit, application process, etc.. Read below in more detail!

Fortrade

Fortrade Limited was established in 2013 in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). Over the past few years, the brokerage has also established offices and regulatory frameworks in Belarus, Australia, Canada and Cyprus.

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This popular broker is based in London and Watford, UK and is headed by CEO Nick Collison.

Fortrade LTD now provides forex, commodity, index, stock and equity trading services on the MetaTrader 4 platform as well as the personal Fortrader web platform. This broker offers solutions for individual and institutional clients.

Fortrade Platforms for trading

Metatrader 4

Whether you are a beginner or an experienced trader, the MetaTrader 4 platform is already universally popular MT4, used by most of the top brokers on our list, contains a number of features that provide a powerful trading experience that suits different strategies.

Users have at their disposal 30 technical indicators and 24 graphic objects, plus nine time frames and three types of graphs. Automated trading is also available through Expert Advisors (EAS), as well as multiple order types and one-click trading. There is no need to spend more words on the MetaTrader 4 platform, because it is known to be a stable and reliable trading platform that most of the best brokers use.

MetaTrader WebTrader

MT4 MetaTrader WebTrader is suitable for Mac users or those who do not want to install software. Clients have easy and convenient access to all the same customizable features as desktop platforms, including more than 30 technical indicators for trend analysis and graphical tools such as gann lines or Fibonacci curves. Nine time frames allow you to track detailed price movements on one of three types of charts; lines, candlesticks or bars.

You can access MetaTrader WebTrader directly from the broker's website using your login details.

Fortrade also offers its own proprietary platform – Fortrader WebTrader, accessible from any PC with an internet connection. The platform is a low-latency system, but powerful in providing real-time data with high speed and accuracy. The one-stop-shop function enables merchants to track, analyze and trade with a device connectivity platform that saves time and delay. Although the platform proved to be quite solid, we recommend that you use verified, public platforms such as MT4, MT5, etc.

Platform MetaTrader 4 available is as suitable mobile application compatible with withMarch devices iOS and Android what users I can to access and govern accounts with either which one places.

Payment methods

Deposits

The trading experience with ForTrade offers some good funding options, including credit and debit cards, bank transfers and e-wallets such as Neteller and Skrill. The recommended initial deposit requirement is 500 (GBP/USD/EUR), but only 100 can be deposited. Deposits must be approved by sending a copy of the confirmation to the broker.
Unfortunately, limited information is available at the time of application.

Withdrawal of funds

The same methods are used for withdrawals, but the processing time can last up to 5 working days for a direct bank transfer and up to 15 working days for cards. These are not the fastest time limits compared to other brokers. Also, all bank fees incurred by Fortrade are passed on to the customer, which is usually around $40 which is quite a lot and more than the competition.

Demo account

ForTrade offers opening a demo account with a virtual investment of EUR 10,000, available on the Fortrader or MetaTrader 4 platforms. There is no time limit for the demo account, which is good for beginners who want to practice in a real environment, without risk and pressure. Demo account is also offered by other top brokers.

Regulation

Fortrade Ltd is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with business number 609970. The brokerage is also regulated by several other global entities, including the NBRB (Belarus), ASIC (Australia), IIROC (Canada) and CySEC (Cyprus ).

ForTrade Customer Support

Email – [email protected]
Live Chat – The chat logo located at the top of the home page

Fortrade's registered office is at Michelin House, 81 Fulham Road, London, SW3 6RD, United Kingdom. Visit the broker's website for the addresses of their Belgrade, Istanbul, Albania, Kosovo or other offices.

ForTrade Traders' experiences say that it is precisely in the area of customer support that fortrade makes a leap ahead of other best brokers. With a wide array of educational materials whether you are a beginner or an experienced trader, ForTrade has definitely made online investing a breeze.

Client security

The Fortrader and MetaTrader 4 platforms are safe to use and protected by Secure Sockets Layer (SSL) encryption. You can also enable two-factor authentication (2FA) at the login stage. All client transactions are also carried out over an SSL encrypted connection, and the servers are located on high-quality SSAE 16/SAS 70 type I ii and type II sites.